OYO Archives - TechStory

Oyo-SoftBank JV secured Rs 50 crore debt from Avendus Finance

AviNovember 29, 2019

Oyo Hotels & Homes has now secured INR 50 crore in the debt financing for the MyPreferred Transformation – its joint venture with its largest shareholder So...

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OYO acquires 64-suites in Ahmedabad to enter premium segment hotels

AviSeptember 12, 2019

Gurgaon based OYO hotels and Homes, has now partnered with the hospitality firm Mountania developers and hospitality to set up its luxury hotels in Ahmedaba...

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Kim Holmsted, COO, Dancentre, OYO Vacation Homes, with Mads Westberg & Rune Larsen, Founders, Danamica

OYO acquires Data Science Firm Danamica, to Invest in Business Intelligence Technologies

Apoorv AnupamSeptember 2, 2019

02 September 2019, India: OYO today announced the acquisition of Copenhagen based Data Science Company Danamica. Danamica has machine learning and busine...

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Oyo eyes $10B valuation in new $1B funding round

AviJune 11, 2019

OYO Hotels and Homes is in now talk for a fresh funding round of funding, which is also likely to see the seven-year old startup valuation hit around $10 Billio...

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OYO to acquire Vacation Rental Firm @Leisure Group from Axel Springer

Apoorv AnupamMay 1, 2019

01 May 2019, India: OYO today announced that it has agreed to acquire Amsterdam-based vacation rental firm @Leisure Group from Axel Springer. The acqu...

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Airbnb May Invest Around $100 Mn in OYO

AviMarch 19, 2019

Airbnb, which is a US-based online home rental company is now in talks to invest around $100-$200 Million in the OYO. According to the information which has ...

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Oyo gets $100 million from China’s ride-hailing giant Didi Chuxing

AviFebruary 14, 2019

After raising $800 Million from the SoftBank, The Budget hotel chain OYO has now secured another $100 Million round led by the Chinese ride-hailing giant Didi C...

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OYO Hotels Launches in Philippines with Over $50M Commitment

AviJanuary 31, 2019

OYO homes and hotels revealed on yesterday that it has now launched its operations in the Philippines, OYO said it would start with more than 21 franchised and ...

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OYO plans to invest $100 million in Indonesia for expansion

AviJanuary 29, 2019

OYO, which is a hospitality firm is now planning to invest around $100 Million in Indonesia in the next five years to expand its presence across the globe. T...

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OYO Makes Top-Level Appointments to Expand Overseas Business

AviJanuary 12, 2019

OYO, the Budget hospitality chain has now strengthened its top management by going for a slew of international appointments, in order to expand to differen...

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